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A HIGH-POWERED delegation of Indian chief executive officers (CEOs) who were in Kuala Lumpur last week, sought among other things, greater involvement of Malaysian companies in Indian infrastructure projects.
PUNJAB state in India is all set to fast-track its infrastructure development and is offering Malaysian construction companies and investors an opportunity to take part in the development. Close to over US$5bil worth of projects are up for grabs, be it in road and highway construction, power plants, bridges and even developing new housing estates, said Public Works (BR), Cultural Affairs, Archives Museums Minister of Punjab and Chandigarh, Partap Singh Bajwa.
Naza Automotive Manufacturing Sdn Bhd has been allocated a 69.6ha site in Sriperumbudur, near Chennai, by the Tamil Nadu government for the setting-up of a RM950mil assembly plant for Naza and Kia vehicles, Works Minister Datuk Seri S. Samy Vellu said on Tuesday.